Federal Reserve Economic Data

Industrial Capacity: Manufacturing: Nondurable Goods: Leather and Allied Product (NAICS = 316) (CAPG316SQ)

Observation:

Q2 2024: 148.7562 (+ more)   Updated: Jul 17, 2024 9:11 AM CDT
Q2 2024:  148.7562  
Q1 2024:  148.2844  
Q4 2023:  147.0372  
Q3 2023:  144.8804  
Q2 2023:  141.8793  
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Units:

Index 2017=100,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: G.17 Industrial Production and Capacity Utilization  

Units:  Index 2017=100, Seasonally Adjusted

Frequency:  Quarterly

Notes:

The Federal Reserve Board constructs estimates of capacity and capacity utilization for industries in manufacturing, mining, and electric and gas utilities. For a given industry, the capacity utilization rate is equal to an output index (seasonally adjusted) divided by a capacity index. The Federal Reserve Board's capacity indexes attempt to capture the concept of sustainable maximum output -- the greatest level of output a plant can maintain within the framework of a realistic work schedule, after factoring in normal downtime and assuming sufficient availability of inputs to operate the capital in place.

The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities. The industrial sector, together with construction, accounts for the bulk of the variation in national output over the course of the business cycle. The industrial detail provided by these measures helps illuminate structural developments in the economy. The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes issued by the Board of Governors. For recent updates, see the announcements issued by the Board of Governors.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Industrial Capacity: Manufacturing: Nondurable Goods: Leather and Allied Product (NAICS = 316) [CAPG316SQ], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CAPG316SQ, .

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